Stock Forecast Chart
Stock Price Prediction Summary
Forecast Score Based on 2 Weeks
Based on our forecast, the price of RETA will - over the next 2 Weeks and hit - by . In that time frame, RETA's share price is expected to range between - and -.
BearishAverageBullishRETA shares rose +0.02% in Monday, September 25, 2023's trading session, rising from a previous close of $172.32 to move at $172.36. The stock demonstrated notable intraday movement (see RETA's key stats for a full breakdown), fluctuating between $172.32 and $172.46, a +0.08% trading range. While recent weeks have seen some volatility, RETA has managed to secure a +0.21% gain over the past 2 weeks. The upward price movement was accompanied by decreased trading volume, with approximately 0 shares changing hands, 1.99M fewer than the previous session. This amounted to $0.00 in total market activity.
Will RETA Continue Its Trend?
According to analyst ratings and projections for RETA, Reata Pharmaceuticals, Inc. shares are anticipated to remain stable by -, potentially reaching - per share by January 1, 1970. Short-term technical indicators currently suggest a bearish sentiment for RETA. However, the stock has recorded 17 positive trading days within the past 30 sessions. Based on the RETA stock forecast, now is not the best time to buy RETA stock because its current trading price is - our predicted value, hinting at a possible . For deeper insights, view our sentiment analysis on RETA covering social and institutional perspectives.
RETA Technical Momentum: Overbought, Oversold, or Neutral?
An analysis of Relative Strength Index (RSI) indicators provides insight into RETA's momentum. Short-term RSIs (9, 14, and 20-day figures ranging from 81.56% to 87.67%) indicate the stock is in a strong bullish momentum phase. The 50-day RSI, at 72.48%, indicates significant medium-term strength. However, the 100-day RSI, at 66.78%, points to growing bullish momentum over the long term. Insights into RETA's shareholder base show how institutional investors are positioning themselves during these momentum shifts